Grab has been aggressive trying to attract and retain customer. Constantly giving out discount, voucher, incentive, points, etc. Good for customer but not so good for share holders 🤣🤣
Many high profile CEO are selling their stake while the retail investors continue to buy the dip to prop the market. See how the rich make money from the poor.
Consumer will have less disposable income. Thenconsumption will drop. CPI will drop and inflation will drop. Price will drop. Good right? Embrace interest rate hike :)